ForeverCar Named 2018 Red Herring Top 100 Winner

June 26, 2018 – CHICAGO– ForeverCar, the first digital platform for extended car repair coverage, announced today that it is a winner of the 2018 Red Herring Top 100 North America Award – a prestigious honor recognizing the continent’s most exciting and innovative private technology companies.

The winners, celebrated at a special awards ceremony at the Marina Del Rey Hotel, have been chosen from thousands of entrants, whittled down to hundreds making the trip to California.

Companies were judged by industry experts, insiders and journalists on a wide variety of criteria including financial performance, innovation, business strategy and market penetration. Winners ran the gamut of verticals, from fintech and marketing to security, IoT and many more.

“To say the Red Herring Top 100 is an honor is an understatement,” said Mark Hodes, Founder and CEO of ForeverCar. “Being recognized along with other Top 100 companies, all of whom have ground-breaking innovations, is a testament to the incredible efforts of the talented team at ForeverCar. We are proud of our accomplishment and thankful for this recognition.”

ForeverCar's unique platform powers vehicle repair plan transactions on behalf of key partners in the automotive dealership, insurance and financial services categories. ForeverCar makes it simple for consumers to quote, shop, purchase and use vehicle repair plans, while offering full transparency along the way.

“2018’s crop of Top 100 winners has been among our most intriguing yet,” said Alex Vieux, Chairman & CEO of Red Herring. “North America has led the way in tech for so many years, and to see such unique, pioneering entrepreneurs and companies here in California, which is in many ways the heartland of the industry, has been a thrilling experience.

“What has excited me most is to see so many people forging niches in high-tech and cutting edge sectors,” added Vieux. “Some of the technical wizardry and first-rate business models on show here at the conference has been fantastic to learn about. We believe ForeverCar embodies the drive, skill and passion on which tech thrives. ForeverCar should be proud of its achievement: the competition was incredibly strong.”

Following ForeverCar’s Top 100 win it is invited to showcase itself at the Top 100 Global event in October. Red Herring is dedicated to support ForeverCar’s continued path to success and innovation.